The Grow With Me Account is a unique certificate product. You can open one for your child before they are 18, and your money will earn an extremely high interest rate for the first twelve months. After that, the rate will be lower, but still incredibly competitive.
The term of this certificate is until your childâ€™s 18th birthday. If you make any withdrawals before that point, the entire account will be shut down. You can contribute $1,000 maximum to this account per year, and the maximum balance you can have at any given time is $10,000.
The Grow With Me Account does not qualify for the dividend boost that the Share and Jumbo Share certificates qualify for â€” that means the rates you see on the table are the rates youâ€™ll get regardless of which checking account you do or donâ€™t have.
To open this certificate, you will have to call or visit your local branch, providing personal identifying information as necessary.